Proton Power (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, announces that it has today granted options over ordinary shares in the capital of the Company, at an exercise price of 3 pence per share, to the following directors of the Company:
No. of options
Resultant options held
Thomas Melczer - Business Development Director
John Wall - Chairman
Achim Loecher - Finance Director
Helmut Gierse - Non-executive director
The options granted are exercisable in the event an offer on a change of control is accepted by the company in accordance with the option scheme rules (paragraphs 22.1 and 22.1.1.).
Save for the above, the directors' beneficial interests remain unchanged and as previously announced.
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